With the acquisition of Re:infer, UiPath expects its RPA to better understand the context and semantics of emails, online chats and voice sessions, extending the capabilities of the UiPath platform by further unlocking the value of unstructured data within an organization.
Leading enterprise automation software company UiPath announced August 1 that it has acquired Re:infer, a natural language processing (NLP) company with its no-code conversational data intelligence platform. Terms of the acquisition were not disclosed.
Re:infer focuses on unstructured documents and communications using machine learning technology in order to extract context from it. By connecting all business and customer conversations on one platform, Re:infer improves the customer experience and increases efficiency and scalability.
Dr. Ed Challis, CEO and Co-Founder of Re:infer, said: “Automating the interpretation of documents and communications data bridges the gap between humans and information technology systems, and structured and unstructured data to supercharge digital transformation efforts in the enterprise.”
“Automation and AI are a powerful and natural pair that together empower the vision of the fully automated enterprise™. Our customers are awash in documents, communications, and data that they need to understand the meaning of and process efficiently. Combining Re:infer’s NLP technology with our Document Understanding and AI products expands the breadth of our current AI-powered automation capabilities and unlocks new automation opportunities for our customers,” noted Ted Kummert, EVP, Products & Engineering at UiPath.
All the details about the acquisition can be found here and here.
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